BioMarin Pharmaceutical Inc.

BioMarin Pharmaceutical Inc.verified

BMRN

Price:

$69.47

Market Cap:

$13.23B

BioMarin Pharmaceutical Inc. develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. Its commercial products include Vimizim, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for patients with MPS VI; and Kuvan, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria (PKU), an inherited metabolic disease. The company's commercial products also comprise Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme, which is delivered through subcu...[Read more]

Industry

Biotechnology

IPO Date

1999-07-26

Stock Exchange

NASDAQ

Ticker

BMRN

The Current Ratio as of October 2024 (TTM) for BioMarin Pharmaceutical Inc. (BMRN) is 3.05

According to BioMarin Pharmaceutical Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.05. This represents a change of -63.48% compared to the average of 8.36 of the last 4 quarters.

BioMarin Pharmaceutical Inc. (BMRN) Historical Current Ratio (quarterly & annually)

How has BMRN Current Ratio performed in the past?

The mean historical Current Ratio of BioMarin Pharmaceutical Inc. over the last ten years is 3.66. The current 3.05 Current Ratio has changed 8.24% with respect to the historical average. Over the past ten years (40 quarters), BMRN's Current Ratio was at its highest in in the December 2023 quarter at 25.11. The Current Ratio was at its lowest in in the December 2019 quarter at 2.08.

Quarterly (TTM)
Annual

Average

3.66

Median

3.58

Minimum

2.08

Maximum

6.05

BioMarin Pharmaceutical Inc. (BMRN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of BioMarin Pharmaceutical Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 128.32%

Maximum Annual Current Ratio = 6.05

Minimum Annual Increase = -59.55%

Minimum Annual Current Ratio = 2.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.51-46.25%
20224.6710.90%
20214.21-11.40%
20204.76128.32%
20192.08-47.00%
20183.9345.38%
20172.70-16.48%
20163.2432.31%
20152.45-59.55%
20146.05-2.56%

BioMarin Pharmaceutical Inc. (BMRN) Average Current Ratio

How has BMRN Current Ratio performed in the past?

The current Current Ratio of BioMarin Pharmaceutical Inc. (BMRN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.80

5-year avg

3.65

10-year avg

3.66

BioMarin Pharmaceutical Inc. (BMRN) Current Ratio vs. Peers

How is BMRN’s Current Ratio compared to its peers?

BioMarin Pharmaceutical Inc.’s Current Ratio is greater than Seagen Inc. (2.67), greater than Alnylam Pharmaceuticals, Inc. (3.01), less than Exelixis, Inc. (4.27), less than Halozyme Therapeutics, Inc. (7.41), less than Arrowhead Pharmaceuticals, Inc. (4.65), greater than Incyte Corporation (1.92), less than Ionis Pharmaceuticals, Inc. (7.61), less than Apellis Pharmaceuticals, Inc. (5.08), less than Vaxcyte, Inc. (17.88), less than Liquidia Corporation (6.08), less than Legend Biotech Corporation (4.84), less than Bio-Techne Corporation (3.87), less than Mereo BioPharma Group plc (6.07), less than Blueprint Medicines Corporation (3.71), less than Agios Pharmaceuticals, Inc. (10.09), less than Day One Biopharmaceuticals, Inc. (4.09), less than IVERIC bio, Inc. (15.53), less than Amylyx Pharmaceuticals, Inc. (4.66), less than Karuna Therapeutics, Inc. (19.31),

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